ABL Life Insurance's Harmony Variable Annuity Insurance is drawing keen attention with cost cuts and tax reduction rising as new investment tools, the insurer says. According to ABL, its Harmony po...
Before buying any variable annuity, you should learn more about the particular annuity you are considering. Request a prospectus from the insurance company or from your registered...
Variable annuities offer strong growth potential and considerable risk all at once. Because the returns you earn through a variable annuity are based on the performance of an investment portfolio, you stand the chance of losing money. However, there are a few limitations on how much you can earn with a variable annuity, which makes them undoubtedly enticing. Whether a variable annuity is a good idea for you is a deeply personal decision, as it completely depends on your needs. If you have specif...
Since you choose the mutual funds that make up your variable annuity, you have the ability to easily change the course of your investments. Often, this is at little or no cost. Income for...
Our variable annuities are designed to: Diversify to grow your assets ; Protect your income ; Leave a lasting legacy
your low-cost1 variable annuity Assume a 65-year-old beneficiary elects to take annual stretch payments. On the valuation date (the first payment date), the amount of the distribution is...
Variable annuities let people to put money into mutual funds, including stock funds, bond funds and money market funds, so the principal has the potential to grow but still enjoy certain tax advantages. Each fund in a variable annuity is called a subaccount. Here’s what you need to know about variable annuity subaccounts, their nature, fees and tax provisions. Consider speaking with a financial advisor if you’re trying to determine how these annuities can play into your financial plan. ...
When does this make sense and what could such a move cost? Surrendering a variable annuity... A broker or financial planner may get a high commission for selling a new annuity when a low...
Fidelity Personal Retirement Annuity is a low-cost deferred variable annuity that helps increase retirement savings. Learn why this annuity is as a top variable annuity.
An annuity is a type of savings contract you enter into with an annuity company or insurer. In exchange for a one-time lump sum payment or smaller, regular contributions, an annuity company agrees to manage your money and then pay you back in installments based on how much you contributed, plus returns. The income payments may span a set period of time or your entire life, depending on your contract. Annuities work like other retirement accounts, offering tax-deferred growth for your contributio...